News

It was alleged that HSBC did not provide a searchable database of unclaimed deposits on its website, and it did not assign a UDRN to some deposits that were transferred to the DEA Fund.

RBI Penalises HSBC Bank for Non-Compliance With Directions on inoperative accounts and unclaimed deposits

Judgement

The High Court condones a 44-day delay in filing a review due to the applicant’s wife’s medical emergency.

High Court Allows Plea to Condon 44-Day Delay Due to Wife's Medical Emergency

Kirloskar Oil Engines Limited received a GST appeal order with slightly reduced tax and interest demands, and plans to challenge it further, calling the decision unfair.

Kirloskar Oil Engines to Challenge GST Order as Appeal Slightly Reduces Tax and Interest Demands

The department passed an order under section 154 of the Income Tax Act against a rectification application filed by Crompton.

Income Tax Department imposes Tax Demand of Rs 4.21 Crore on Crompton Greaves over alleged excess refund

Sai Life Sciences Ltd received a Rs 2.54 crore tax demand for alleged non-deduction of TDS on non-resident payments.

ITD imposes Income Tax, Interest & Penalty on Sai Life Sciences for non-deduction of TDS

The Rajasthan AAR ruled that rubber rings qualify for 5% GST under HSN 8424 only when made of hard rubber and used exclusively for irrigation purposes.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

RBI Penalises HSBC Bank for Non-Compliance With Directions on inoperative accounts and unclaimed deposits

High Court Allows Plea to Condon 44-Day Delay Due to Wife's Medical Emergency

Kirloskar Oil Engines to Challenge GST Order as Appeal Slightly Reduces Tax and Interest Demands

Income Tax Department imposes Tax Demand of Rs 4.21 Crore on Crompton Greaves over alleged excess refund

ITD imposes Income Tax, Interest & Penalty on Sai Life Sciences for non-deduction of TDS

GST Classification of Rubber Rings in Irrigation Systems: AAR Clarifies 5% Tax Benefit Under HSN 8424